Lithium Ionic Corp. (OTCMKTS:LTHCF – Get Free Report)’s share price dropped 8.7% during mid-day trading on Wednesday . The company traded as low as $0.3995 and last traded at $0.3995. 5,000 shares traded hands during mid-day trading, a decline of 79% from the average session volume of 23,448 shares. The stock had previously closed at $0.4377.
Wall Street Analyst Weigh In
Separately, BMO Capital Markets downgraded shares of Lithium Ionic from an “outperform” rating to a “market perform” rating in a report on Monday, August 3rd. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, Lithium Ionic currently has a consensus rating of “Hold”.
Check Out Our Latest Research Report on LTHCF
Lithium Ionic Price Performance
About Lithium Ionic
Lithium Ionic Corp. engages in the acquisition, exploration, and development of mineral properties in Brazil. The company's flagship properties include a 100% ownership in the Itinga lithium project that comprises seven mineral licenses covering an area of approximately 1,300 hectares in the prolific Aracuai lithium province; and the Salinas project located in the northeastern part of Minas Gerais state. Lithium Ionic Corp. is headquartered in Toronto, Canada.
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